Dollar General NNN Property For Sale — Radford, VA
Radford, VA, Radford, VA
This brand-new Dollar General offers an exceptional investment opportunity with a 5.50% cap rate and $97,642 in annual net operating income. The property features a new, larger prototype store spanning 10,556 square feet on a .667-acre parcel. Strategically located just off I-81, benefiting from high traffic counts and excellent visibility at a busy, signaled intersection. The area boasts strong demographics and is near other major retailers and a high school, ensuring consistent customer flow. This absolute triple net lease investment provides zero landlord responsibilities, offering truly passive income. The lease includes a new 15-year term with five, five-year renewal options, extending cash flow through 2060. Rent increases of 10% are scheduled every five years during the option peri…
- Address: Radford, VA, Radford, VA
- Asking price $1.76M
- 5.50% cap rate
- NOI $97,642
- 10.2 years remaining
- NNN lease
- Year built: 2021
- Building size: 10,556 SF
- Lot size: 0.67 acres
- Lease expiration: Nov 23, 2036
- Rent increases: 10% rent increases every five years in the option periods
- Guarantor: Corporate
Location
This Dollar General property is at Radford, VA in Radford, Virginia.
Asset type: Retail